iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Down 38.4% in June

iShares Global Infrastructure ETF (NASDAQ:IGF) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 1,135,954 shares, a drop of 38.4% from the May 31st total of 1,844,063 shares. Based on an average daily volume of 679,417 shares, the short-interest ratio is currently 1.7 days. Approximately 0.7% of the company’s stock are sold short.

iShares Global Infrastructure ETF Price Performance

Shares of NASDAQ:IGF traded up $0.65 during midday trading on Thursday, hitting $66.44. The company had a trading volume of 350,542 shares, compared to its average volume of 894,668. The company has a fifty day moving average of $66.87 and a two-hundred day moving average of $65.83. The company has a market cap of $10.77 billion, a price-to-earnings ratio of 20.10 and a beta of 0.61. iShares Global Infrastructure ETF has a 12-month low of $57.96 and a 12-month high of $69.60.

iShares Global Infrastructure ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a $0.9337 dividend. The ex-dividend date was Monday, June 15th.

Hedge Funds Weigh In On iShares Global Infrastructure ETF

Large investors have recently made changes to their positions in the company. BlueChip Wealth Advisors LLC raised its position in iShares Global Infrastructure ETF by 3.6% during the first quarter. BlueChip Wealth Advisors LLC now owns 4,256 shares of the company’s stock worth $285,000 after acquiring an additional 149 shares during the period. NewEdge Advisors LLC raised its stake in iShares Global Infrastructure ETF by 1.4% during the first quarter. NewEdge Advisors LLC now owns 11,610 shares of the company’s stock worth $778,000 after purchasing an additional 159 shares during the period. Waverly Advisors LLC increased its stake in iShares Global Infrastructure ETF by 1.4% during the first quarter. Waverly Advisors LLC now owns 12,479 shares of the company’s stock worth $836,000 after acquiring an additional 169 shares during the last quarter. National Bank of Canada FI lifted its position in iShares Global Infrastructure ETF by 12.3% in the third quarter. National Bank of Canada FI now owns 1,629 shares of the company’s stock valued at $100,000 after buying an additional 179 shares during the last quarter. Finally, Worth Financial Advisory Group LLC boosted its position in shares of iShares Global Infrastructure ETF by 2.2% during the 4th quarter. Worth Financial Advisory Group LLC now owns 8,482 shares of the company’s stock worth $520,000 after purchasing an additional 185 shares during the period.

About iShares Global Infrastructure ETF

The iShares Global Infrastructure ETF (IGF) is an exchange-traded fund that is based on the S&P Global Infrastructure index, a market-cap-weighted index of global infrastructure companies. IGF was launched on Dec 10, 2007 and is managed by BlackRock.